Alleged N874m Fraud: EFCC Presents Third Witness Against Four Fidelity Bank Staff, One Other, Tenders CCTV Footage in Evidence
Globaltimes
1 min read
The ongoing trial of four staff of Fidelity Bank, Olusegun Babasola, Abisola Ahmed, Uchechukwu Uma, Jude Aphaeus, and a non-staff of the bank, Omidiji Joseph, for an alleged N874 million fraud before Justice Oluwatoyin Taiwo of a Special Offences Court sitting in Ikeja, Lagos continued on March 3, 2022 with the EFCC presenting its third witness and tendering more exhibit against the defendants, including a DVD of the bank’s CCTV footage.
The defendants are being prosecuted by the EFCC on two counts for their various roles in the hacking of the bank’s database and cloning of more than 22 ATM cards used to steal and divert to personal use about N874 million belonging to five of the bank’s corporate customers – American International Insurance Company Limited (AIICO), Interswitch, OVH Energy Marketing Ltd, Fidelity Bank sinking fund account and FSL Securities Ltd.
They had pleaded “not guilty” to the charges, prompting their full-blown trial.
The third prosecution witness, Chimdinma Peter, an operative of the EFCC narrated to the Court the findings of the EFCC’s investigation into the alleged fraud. More details later.
Culled: EFCC.
